Depletion Down Deep Mining Co. acquired mineral rights for $130,500,000. The mineral deposit is estimated at 90,000,000 tons. During the current year, 20,700,000 tons were mined and sold. a. Determine the depletion rate. If required, round your answer to two decimal places. $fill in the blank d4820b085069004_1 per ton b. Determine the amount of depletion expense for the current year. $fill in the blank d4820b085069004_2 c. Journalize the adjusting entry on December 31 to recognize the depletion expense. If an amount box does not require an entry, leave it blank. Dec. 31 fill in the blank 2bed1df9cfea056_2 fill in the blank 2bed1df9cfea056_3 fill in the blank 2bed1df9cfea056_5 fill in the blank 2bed1df9cfea056_6

Phoenix guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickupsfor sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. which of the following approaches is likely to produce superior results? a) invest in vertical integration despite the cost of producing pickups.b) abandon the idea of vertical integration entirely.c) pursue taper integration.d) introduce a budget line of guitars to diversify the firm's offerings.